Hong Kong is expanding the ways investors can trade virtual assets, its financial regulator said on Wednesday, as the city races to become Asia’s digital assets hub and attract capital. The Securities and Futures Commission will establish new licensing regimes for over-the-counter trading in virtual assets and for custody services, aiming to boost market efficiency…
Airbnb is suing the City of New Orleans for requiring the company and other short-term rental platforms ensure properties they market are in compliance with city regulations Airbnb is suing the City of New Orleans for requiring the company and short-term rental platforms ensure properties they market are in compliance with city laws. “What we’re…
Singapore Telecommunications (Singtel) issued a positive annual earnings outlook and posted a nearly threefold increase in third-quarter earnings on Wednesday, driven by an exceptional gain, propelling its shares to near six-year highs. Shares in Singtel climbed 1.2% to S$3.4 and were on track for their strongest trading session since January 31, provided the gains hold….
Spotify is considering charging up to $5.99 a month on top of existing subscriptions for a new music streaming service that will include higher-quality audio, remixing tools and access to concert tickets, Bloomberg News reported on Friday. The company might roll out the “Music Pro” tier this year, the report said, citing sources it did…
Chinese tech giant Huawei has held a global launch for the industry’s first tri-foldable phone Huawei on Tuesday held a global launch for the industry’s first tri-foldable phone, which analysts said marked a symbolic victory for the Chinese tech giant amid U.S. technology curbs. But challenges over pricing, longevity, supply and app constraints may limit…
Introduction So, you’re probably wondering: what’s the deal with new technology implementation in US businesses? Well, in today’s fast-paced world, businesses are not just sitting back and relaxing. They’re diving headfirst into new technologies to stay competitive. But what exactly does new technology implementation mean? It’s simply the process of integrating new tools and systems…
The company is the No. 1 auto producer in the U.S., with the most vehicles domestically assembled as well as exported to other countries. President Donald Trump’s tariffs, both implemented and just threatened, are causing “chaos” for the U.S. automotive industry, according to Ford Motor CEO Jim Farley. The chief executive of America’s second-largest automaker described 25% tariffs on…
BYD has not announced plans to sell the Shark in the U.S., but it has entered countries where General Motors, Ford and Toyota Motor sell pickup trucks. There’s a Shark circling one of the greatest profit pools for American automakers globally, as Chinese automaker BYD Auto expands its reach and product portfolio with a pickup truck. Without the vehicle’s branding…
The electric vehicle manufacturer reported production of 9,029 units and deliveries of 10,241 cars in 2024. Lucid Group on Monday reported record quarterly vehicle deliveries for the fourth quarter and confirmed production of more than 9,000 vehicles in 2024 — meeting a previously announced target. The electric vehicle manufacturer reported production of 9,029 units and deliveries of…
The Japanese automakers entering into a strategic partnership in August on shared automotive components and software. Japanese automakers Nissan Motor and Honda Motor reportedly plan to enter into negotiations for a merger to better compete in the rapidly changing global automotive industry, the Nikkei newspaper reported on Tuesday. Honda and Nissan are considering operating under a holding company, and soon will…
